Thursday, March 31, 2005

HP Names New CEO

It didn't take too long! Carly Fiorina was sent packing just a short while ago. HP yesterday announced her replacement, Mark Hurd. Mr. Hurd comes from NCR where he was CEO for the last few years. He is credited with turning the company around. However, NCR is not HP. He has his work cutout for him.

He is receiving a pretty good package which includes a $2.75 million relocation allowance! By the way, Carly received an over $21 Million severance package. I wonder how many printers they have to sell to cover that!

I don't know anything about Mark Hurd. We'll see what happens.

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